|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||101.00 - 103.00|
|52 Week Range||99.50 - 120.00|
|Beta (5Y Monthly)||0.74|
|PE Ratio (TTM)||10.28|
|Earnings Date||Aug 11, 2022|
|Forward Dividend & Yield||5.20 (4.91%)|
|Ex-Dividend Date||Jul 04, 2022|
|1y Target Est||134.86|
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Taiwan's Foxconn, the world's largest contract electronics maker, raised its full-year business outlook on Monday thanks to strong sales of smartphones and servers despite concerns of slowing demand due to rising inflation. Like other global manufacturers, the Taiwanese firm has grappled with a severe shortage of chips, which has hurt smartphone production including for its major client Apple, partly due to COVID-19 lockdowns in China. But the company said in a statement late on Monday that June sales jumped 31% from a year earlier to a record high for the month, thanks to appropriate supply chain management and rising sales of consumer electronics.
Foxconn, the world's biggest electronics contract manufacturer, has started hiring new trainees and assembly line workers, raising the bonus each person gets to 9,000 yuan (US$1,345) when they stay on the job for more than four months upon enrolment, according to the latest recruitment notice published on Monday by the firm's integrated Digital Product Business Group, the division responsible for iPhone production. The Taiwanese company, formally known as Hon Hai Precision Industry, has also accelerated signing up returning Zhengzhou employees, offering them the same salary for positions they held before leaving the firm as well as a 9,500 yuan bonus after four months on the job, according to the Foxconn post. The large-scale hiring campaign comes after Foxconn's move to suspend recruitment of assembly line workers in May, when the Zhengzhou local government imposed a seven-day lockdown in the city as part of Covid-19 control measures.
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